
Palantir Slides as Army Awards $192 Million TITAN Production Contract
Palantir Technologies’ stock dropped about 7% after the U.S. Army moved its TITAN program into production with a $192 million award involving Palantir and Anduril. The eight-system order (four advanced, four basic) assigns Palantir to lead overall production and software, while Anduril handles hardware and shelter integration. Deliveries are planned over the next 18 months. Despite the milestone, the market reaction was muted as investors weigh valuation and recent rally against defense-related growth.












